GRC Process Management

Centralize GRC Content. Automate Risk and Compliance Processes. Monitor Control Status.

The increasing role that government plays in the global economy translates into increasing pressures on businesses to provide evidence of proper risk management, well-controlled business processes, and compliance with laws and mandates. Effective policy and process management lies at the core of an enterprise GRC platform and is essential to reduce the complexity of managing risk and compliance in a multi-regulatory environment. Based on industry-leading content and process management technology, Oracle Enterprise Governance, Risk, and Compliance Manager - Fusion Edition, reduces overlapping and redundant policies, risks, and controls associated with overlapping GRC mandates and standards. With a central content repository, dynamic workflows for compliance and risk management processes, and pre-built integration to automated application controls, Oracle Enterprise GRC Manager solves the immediate requirements associated with current regulatory or industry mandates, while also providing a robust foundation to satisfy future needs.

ONLY ORACLE OFFERS SIGNIFICANT BENEFITS

Leverage	Achieve	Realize
GRC Process Management	Single central repository for policies, risks, and controls	Map regulations to policies, objectives, risks, and controls to provide evidence of compliance Reduce redundant information silos and overlapping tasks, while allowing separate lines of business to address the distinct risk and compliance requirements of their organization Utilize date-effective audit trails that track the "who, what, and when" of changes made to risk-control matrices, work papers, and other evidence
	Automation of compliance and risk management workflows	Establish an enterprise understanding of risk with a disciplined process to identify, assess, and treat risks Streamline the full compliance lifecycle from documentation and assessment to remediation, certification, and reporting Provide a common workspace to enable a cross-enterprise team approach to compliance and risk management
	Oversight of automated and manual control activities	Identify emerging risk exposures by monitoring results from both automated and manual controls Shorten remediation and certification cycles with closed-loop integration to controls monitoring solutions Integrate with business applications such as Enterprise Performance Management (EPM) and Enterprise Resource Planning (ERP) to support Finance, IT, and industry-focused GRC requirements